MERIDEN, MILL ROAD, POTTER HEIGHAM, GREAT YARMOUTH, NR29 5HY - £100,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MERIDEN is a very small extended detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £138,742. It was last sold for £100,000 in May 2016, which was around 67% below the average May 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2011, where the current energy rating was E, and the potential energy rating was D.

MERIDEN Sold Prices

Land registry data shows two sales for MERIDEN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two MERIDEN sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 27 MAY	£100,000	£305,257	67% below HPI
2012 10 AUG	£75,000	£236,920	68% below HPI

MERIDEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two MERIDEN sales from August 2012 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2012 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the May 2016 sale, where it rises to 67% below the HPI. The line then continues to track at 67% below the HPI.

What might MERIDEN be worth now?

MERIDEN might now be worth an estimated £138,742.

This is based on house price inflation of 38.7%, between May 2016 and March 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.7% inflationary increase is applied to the most recent sale price for MERIDEN of £100,000 on 27th May 2016. For the value to have increased from £100,000 to £138,742 over the nine years and two months to March 2025, the following assumptions must hold true:

• The value of MERIDEN has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The May 2016 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of MERIDEN has not materially changed since May 2016.

How Large is MERIDEN?

MERIDEN is 80m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 20% of detached houses houses in Potter Heigham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potter Heigham, and where MERIDEN lies on this distribution: 14% of detached houses houses are smaller than MERIDEN, and 85% of houses are larger. Note that EPC data is not available for all properties in Potter Heigham.

MERIDEN: Plot and Title Map

MERIDEN sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of MERIDEN, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MERIDEN). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MERIDEN?

MERIDEN is located on MILL ROAD in POTTER HEIGHAM, in the NR29 postcode district. The below map shows the position of MERIDEN on MILL ROAD.